ExxonMobil Egypt inks Star Offshore concession agreement with EGAS
ExxonMobil Egypt signed a contract to acquire a concession of more than 4,000 square kilometers in the Stare marine are in the Arab republic, according to a January 4th emailed press release. The agreement was signed with the Egyptian Natural Gas Holding Company (EGAS), in cooperation with petroleum firm Tharwa. Under the deal, ExxonMobil will […]
Schlumberger: EGAS centralizes, increases access to 25 TB of data
Schlumberger Case Study: ProSource E&P data management and delivery system enhances data security, digitization, and accessibility. Challenge: Decrease time-consuming activities in data preparation for internal use and license rounds data sales and review. Solution: Implement ProSource E&P data management and delivery system to provide a single, secure database for 25 TB of E&P data to […]
EGAS, TAQA Arabia sign agreement to deliver natgas to El Wadi El Gedid
The Egyptan Natural Gas Holding Company (EGAS) signed yesterday a cooperation protocol with Qalaa Holdings’ TAQA Arabia to connect homes in El Wadi El Gedid to the natural gas grid by using compressed natural gas (CNG), according to an Oil Ministry statement. The agreement will see 14k homes in the governorate connected to the grid […]
IOCs to begin conducting West Mediterranean seismic surveys in Q4 2020
International oil and gas players will begin conducting seismic surveys in Egypt’s Western Mediterranean in 4Q2020, Al Shorouk and Masrawy reported yesterday, each citing a source from the Egyptian Natural Gas Holding Company (EGAS). An unspecified number of companies will kick off the surveys as soon as the House of Representatives ratifies their exploration agreements, […]
MEES: Egypt bags all five Supermajors with key West Mediterranean awards
Full House: Latest Awards Mean All Five Supermajors Have Signed Up For Egypt’s Virgin West Med Acreage Global exploration pullback? Not in Egypt with Chevron, Shell, Total and BP joining Exxon in bagging key frontier West Mediterranean acreage. Cairo moved closer this week to officially announcing the award of at least six offshore blocks located […]
Egypt’s House of Representatives approves 12 Oil & Gas E&P Agreements
The Egyptian oil minister, Tarek el Molla, has announced the signing of 12 agreements with international companies for the search for oil and gas in the Red Sea, in the Western Desert and in the exclusive economic zone (EEZ) in the eastern and western Mediterranean with investments up to to a billion dollars and signing […]
SDX sees potential to extend South Disouq’s gas output plateau to 2026
Added prospectivity in South Disouq concession. Gas sold at fixed rate $2.85/Mcf to EGAS. UK-listed upstream junior SDX Energy said June 23 it hopes to be able to extend the plateau gas production rate at its flagship South Disouq block onshore Egypt until 2026. SDX — which started production at South Disouq in November last […]
Egypt’s Cabinet ratifies 12 oil & gas agreements worth over $1 billion
Cabinet has ratified twelve oil and gas agreements the Oil Ministry signed with international companies in February, the ministry said in a statement. Companies including Royal Dutch Shell, Chevron, BP, Total, Noble Energy will invest upwards of USD 1 bn in concession areas in the Mediterranean, the Red Sea, and the Western Desert. The House […]
BP starts drilling gas exploration well in North El Tabia offshore block
BP begins drilling exploratory gas well in North El Tabia: BP began drilling yesterday its Atoll Nooros exploratory gas well in its North El Tabia block in the Mediterranean, Al Shorouk reported, citing an EGAS source. The company will complete drilling in four months and reveal results in 2H2020. BP had signed an agreement with […]
Eni reaches agreement allowing the restart of Damietta LNG plant in Egypt
Italian energy major Eni signed a series of agreements with paving the way for the restart of the Damietta liquefaction plant in Egypt by June 2020. Eni reaches agreement with partners to amicably resolve the disputes affecting Union Fenosa Gas allowing the restart of the Damietta liquefaction plant in Egypt. Eni has signed a series […]
